Texas State University System Foundation Inc

Analysis

Texas State University System Foundation Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Texas State University System Foundation Inc reported income of $1.3m and spending of $996k, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $409k to $1.3m (+220%), an average of +34% a year. The sharpest change came in the year to August 2020, when income rose by 250%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas State University System Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Doulos Discovery Ministries ($1.3m), Siatech Mycroschool Inc ($1.3m) and Redefiners World Languages Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $6.8m against liabilities of $178k, net assets of $6.6m.